License taxes; if locality imposes tax upon business, tax shall be based upon Va. taxable income. (SB836)
Introduced By
Sen. Amanda Chase (R-Midlothian) with support from co-patron Sen. Glen Sturtevant (R-Midlothian)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
License taxes; Virginia taxable income. Provides that if a locality imposes a license tax upon a business, the tax shall be based upon the Virginia taxable income of the business. Current law allows a locality to impose the tax upon gross receipts or Virginia taxable income. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
11/15/2016 | Prefiled and ordered printed; offered 01/11/17 17101006D |
11/15/2016 | Referred to Committee on Finance |
01/14/2017 | Impact statement from TAX (SB836) |
01/20/2017 | Impact statement from DHCD (SB836) |
01/24/2017 | Passed by indefinitely in Finance (15-Y 1-N) (see vote tally) |
01/30/2017 | Impact statement from DHCD/CLG (SB836) |